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Bloomberg claim 256% debt:gdp ratio, but it's hard to collaberate. China doesn't appear on Business Insiders list from 2015 [0], which has Japan at 250%ish. Tra
by isostatic 9y ago
Bloomberg claim 256% debt:gdp ratio, but it's hard to collaberate. China doesn't appear on Business Insiders list from 2015 [0], which has Japan at 250%ish. Trading economics [1] has China at 48% government debt:gdp
Household debt isn't that bad either, however the grauniad has the answer -- corporate debt is sky-high [2]. It also mentions that by this measure (Corporate + household + government debt), the U.S. is 331%. It's an interesting article, albeit from 2 years ago
[0] http://uk.businessinsider.com/wef-countries-with-highest-level-of-government-debt-vs-gdp-2015-10?IR=T/ http://uk.businessinsider.com/wef-countries-with-highest-lev...
[1] https://tradingeconomics.com/china/government-debt-to-gdp https://tradingeconomics.com/china/government-debt-to-gdp
[2] https://www.theguardian.com/business/2016/jun/16/chinas-debt-is-250-of-gdp-and-could-be-fatal-says-government-expert https://www.theguardian.com/business/2016/jun/16/chinas-debt...